Japanese shipping major Mitsui O.S.K. Lines (MOL) has signed a multi-year charter agreement with TotalEnergies Gas & Power Limited, a wholly-owned subsidiary of French energy firm Total Energies, for a newbuild liquefied natural gas (LNG) carrier. The contract, which was signed on 26 September, covers the vessel currently being built
Illsutration(Methanol-powered Stena Pro Marine; Image credit: Stena Bulk China Shipbuilding Hengyu Energy (Shanghai), a subsidiary of China State Shipbuilding Corporation (CSSC), has completed the bunkering of three methanol-powered product tankers built by Guangzhou Shipyard International. The 49,900-ton tankers were fueled with a total of 240 tons of methanol, a major milestone for the
Oil and gas company Neptune Energy has called on the Dutch government to introduce an investment allowance in its plans to raise levies on energy companies to avoid risks to the country’s energy security and net-zero targets. According to Neptune Energy’s statement on Thursday, the government intends to significantly increase
Chinese clean energy solutions provider Mingyang Smart Energy has designed and manufactured what is said to be the world’s largest alkaline electrolysis system for hydrogen production. Courtesy of Mingyang Smart Energy According to the manufacturer, the new system can produce hydrogen at the capacity of 1500-2500Nm3/h with one-button, unattended operations
Image credit: Hapag-Lloyd Hapag-Lloyd’s colossal 23,660 TEU containership, which is taking shape in South Korea, has been fitted with a massive LNG-powered main engine, the German shipping major said. The 2,246-tonne engine was installed with the help of a floating crane deployed at the Daewoo Shipbuilding and Marine Engineering yard
A consortium comprising Air Liquide, Chevron Corporation, LyondellBasell and Uniper is planning to conduct a study that will evaluate and potentially advance the development of a hydrogen and ammonia production facility along the US Gulf Coast. The planned facility could support industrial decarbonisation and mobility applications in the region and
Illustration; Image by Offshore Energy The European Parliament adopted the FuelEU Maritime report, voting in favor of a 2% mandate for green shipping fuels by 2030. The report establishes a clear trajectory for greenhouse gas intensity reductions calling for the maritime sector to cut its GHG emissions from ships by
South Korea’s defense and energy conglomerate Hanwha Group will proceed with the acquisition of a majority stake in the compatriot shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME). The duo signed a tentative takeover deal in September that would see Hanwha Group acquire a 49.3 percent stake from the state-run Korea Development
MAN PrimeServ, an after-sales division of MAN Energy Solutions (MAN ES), has signed a contract to retrofit two liquefied petroleum gas (LPG) carriers for the Chinese liquefied gas carrier operator Tianjin Southwest Maritime Ltd. As informed, the COSCO Shipping Heavy Industry (Guangdong) yard will host the respective conversion of the
Chinese shipbuilder Nantong COSCO Khi Ship Engineering (NACKS) has secured approval in principle for its ammonia-powered containership design from the UK-based classification society Lloyd’s Register. The 16,000 TEU ammonia-fueled container ship has been jointly developed by LR, NACKS and Hudong Heavy Machinery. The joint development project was launched back in